B2B media company Ascential has sold its MENA business intelligence arm MEED Media to business media and insight group GlobalData for $17.5m.
B2B media company Ascential has sold its MENA business intelligence arm MEED Media to business media and insight group GlobalData for $17.5m.
Ascential has bought e-commerce analytics group Clavis Insight for up to $219m. Clavis, whose customers include the likes of P&G, Nestle, Unilever and L’Oreal, has proprietary technology which enables consumer product companies to track and optimise the performance of their products across hundreds of retailer websites and mobile commerce sites globally
Ascential has sold its MENA business intelligence arm MEED Media to business media and insight group GlobalData for $17.5m
Press Release: Ascential plc (the “Group” / LSE: ASCL.L), the global business-to-business information company, today announces that it has agreed the sale of the remaining 11 UK-based Heritage Brands to Metropolis International Limited for a consideration of £23.5m, payable in cash and subject to normal working capital adjustments. The sale has completed and the proceeds will be used to reduce Ascential’s net debt. On 5 January 2017 the Group announced that it had separated 13 Heritage Brands into a new operating entity and that these brands would develop an independent business strategy while new owners were sought.
Press Release: ASCENTIAL MEDIALINKLONDON–(BUSINESS WIRE)–Ascential plc, the global business-to-business media company listed on the London Stock Exchange, today announced that it has agreed to acquire 100% of MediaLink, a U.S.-based advisory and business services firm
Press Relase: Wilmington plc (“Wilmington” or the “Group”), the knowledge leader in Risk & Compliance, Finance, Legal, and Insight, announces it has reached agreement to acquire the Health Service Journal (“HSJ” and the “Acquisition”), the UK’s leading health information, insight and networking business, from Ascential plc for £19m with an adjustment for working capital, payable on completion. The consideration is to be funded from the Group’s existing debt facilities. The Acquisition is expected to complete on 31 January 2017
UK media group Ascential has carved off 13 magazine titles into a separate entity with a view to selling them. The so-called ‘Heritage Brands’ include Nursing Times, MEED and Drapers
The Placing Shares represent, in aggregate, approximately 15 per cent of the Company’s issued ordinary share capital and constitute approximately 37.7 per cent of the Apax Sellers’ combined holdings in the Company and approximately 37.7 per cent of GMG’s holding in the Company
Press Release: Ascential plc: (the “Group” / LSE: ASCL.L), the international business to business media company with a focused portfolio of market-leading events and information services products, is pleased to announce the launch of Money20/20 Asia from 13-15 March 2018 in Singapore
The publisher of the Guardian and a private equity firm have cashed in £200m of shares in business media firm Ascential
Publishing and events group Ascential has agreed to buy US e-commerce analytics provider One Click Retail in a deal worth more than $44m. One Click Retail provides data analytics to help consumer groups increase online sales, and was founded by former Amazon and Walmart executive Spencer Millerberg
Ascential, the business-to-business media company that floated in London this year, has reported a 13.5 per cent revenue growth in the first half of the year.
the magazine business jointly owned by The Guardian’s publisher and private equity group Apax, has floated at 200p a share, giving it a market cap of around £800m. Guardian Media Group, which owns around a third of the business, and Apax, which owns two-thirds, will sell a 25pc stake in the company with shares priced between 200p and 210p.
The business, which owns a raft of business titles including Retail Week and Health Service Journal as well as the Cannes Lions advertising festival, will float on Tuesday for up to £840 million. GMG and Apax will sell up to 20 per cent of their stake with shares priced at between 200p to 210p each
In October last year Ascential chief executive Duncan Painter sent a shockwave through the printing industry after he was quoted in the Guardian as saying that all of the firm’s print titles would become digital only “over the next 12 to 18 months”.
Events and information business formerly known as Top Right Group and EMAP seeks payday for Apax and the Guardian
Plexus, part of Ascential (formerly Top Right Group), has been working with Abacus e-Media on a major project to upgrade fifteen major brands to the latest version of the Webvision CMS.
The rebrand follows the completion of the three-year turnaround of the group which began in 2012, and signals a clear purpose for the future of the group which is now focused on two key areas: Exhibitions & Festivals and Information Services